Northwestern Mutual to pay $4.7 billion in dividends – JSOnline

Anybody doubting the viability of Ebook readers over the long term needs to take a close look at these numbers. There is a reason why many companies are currently tripping over themselves in an attempt to get into this market.

The article contains multiple links to original documents at the NY DOI.

U.S. life insurance application activity shows slight decrease in 2009 | IFAwebnews
Note sales are up for ages 60 and up and sales are down ages 0-44.

I found the following in my email this morning. Good luck if you’re looking for work.
We value your continued interest and would welcome the opportunity to speak with you or any referrals that are a match for our projects. If we do not have your current resume on file, please email it to us at dshay@jacobsononline.com or lsalem@jacobsononline.com.
We will be in contact regarding future projects. Please do not hesitate to pass along our contact information; we are always appreciative of referrals.
Warm regards,
Diana Shay
Fulfillment Manager
Direct Dial: (312) 884-0424
Lauren Salem
Client Service Manager
Direct Dial: (312) 884-0443
The Jacobson Group
120 South LaSalle Street, Suite 1410
Chicago, Illinois 60603
Toll Free: (800) 466-1578
www.jacobsononline.com
| Life | This established insurance corporation has a need for multiple life underwriters with extensive BGA experience. Our client requires that these consultants have a minimum signing authority of $3 million. | TBD, Estimate is 4-6 months | Remote |
Hmmm. I got the following press release in my email today.
WACO, Texas–(BUSINESS WIRE)–Life Partners Holdings, Inc. (NASDAQ GS: LPHI), a leader in the life settlements industry, announced today that it has been advised by Eide Bailly LLP that the firm has resigned as the Company’s independent registered public accounting firm effective January 13, 2010.
The decision to change auditors was not the result of any disagreements between the Company and Eide Bailly on any matter of accounting principles or practices, financial statement disclosures, or auditing scope or procedure.
“We commend Eide Bailly for their professionalism and hard work during their tenure and have enjoyed working with them,” said Tad Ballantyne, Chairman of the Audit Committee.
The Company is conducting a thorough and immediate evaluation involving discussions with several highly experienced accounting firms and expects to announce Eide Bailly’s successor within the next few weeks. Eide Bailly has assured the Company that they will assist in making a seamless transition to the firm ultimately chosen by the Company’s Audit Committee.
The Company does not anticipate the change in auditors will delay the filing of its annual report due on May 14, 2010.
Life Partners is the world’s oldest and one of the most active companies in the United States engaged in the secondary market for life insurance, commonly called “life settlements.” Since its incorporation in 1991, Life Partners has completed over 100,000 transactions for its worldwide client base of approximately 25,000 high net worth individuals and institutions in connection with the purchase of over 6,200 policies totaling over $2.2 billion in face value.
Safe Harbor – This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. The statements in this news release that are not historical statements, including statements regarding future financial performance, the market for our services, the growth in the life settlement market and our growth within that market, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond our control, that could cause actual results to differ materially from such statements. For information concerning these risks and uncertainties, see our most recent Form 10-K. We disclaim any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.
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